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Wacker Neuson SE (XTER:WAC) ROA % : 1.48% (As of Sep. 2024)


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What is Wacker Neuson SE ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Wacker Neuson SE's annualized Net Income for the quarter that ended in Sep. 2024 was €39 Mil. Wacker Neuson SE's average Total Assets over the quarter that ended in Sep. 2024 was €2,627 Mil. Therefore, Wacker Neuson SE's annualized ROA % for the quarter that ended in Sep. 2024 was 1.48%.

The historical rank and industry rank for Wacker Neuson SE's ROA % or its related term are showing as below:

XTER:WAC' s ROA % Range Over the Past 10 Years
Min: 0.65   Med: 5.8   Max: 8.18
Current: 3.07

During the past 13 years, Wacker Neuson SE's highest ROA % was 8.18%. The lowest was 0.65%. And the median was 5.80%.

XTER:WAC's ROA % is ranked worse than
54.72% of 212 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.54 vs XTER:WAC: 3.07

Wacker Neuson SE ROA % Historical Data

The historical data trend for Wacker Neuson SE's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wacker Neuson SE ROA % Chart

Wacker Neuson SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 0.65 6.20 6.14 7.48

Wacker Neuson SE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.54 2.55 3.49 4.67 1.48

Competitive Comparison of Wacker Neuson SE's ROA %

For the Farm & Heavy Construction Machinery subindustry, Wacker Neuson SE's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wacker Neuson SE's ROA % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wacker Neuson SE's ROA % distribution charts can be found below:

* The bar in red indicates where Wacker Neuson SE's ROA % falls into.



Wacker Neuson SE ROA % Calculation

Wacker Neuson SE's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=185.9/( (2323.9+2644.9)/ 2 )
=185.9/2484.4
=7.48 %

Wacker Neuson SE's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=38.8/( (2689.2+2564.4)/ 2 )
=38.8/2626.8
=1.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2024) net income data. ROA % is displayed in the 30-year financial page.


Wacker Neuson SE  (XTER:WAC) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=38.8/2626.8
=(Net Income / Revenue)*(Revenue / Total Assets)
=(38.8 / 2070.4)*(2070.4 / 2626.8)
=Net Margin %*Asset Turnover
=1.87 %*0.7882
=1.48 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Wacker Neuson SE ROA % Related Terms

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Wacker Neuson SE Business Description

Traded in Other Exchanges
Address
Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, gardening, agriculture, recycling, municipal, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment which derives key revenue, Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to its customers in the Americas and Asia-Pacific.

Wacker Neuson SE Headlines

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